301 New York Avenue NW
Washington, DC 20001
- 4 beds
- 3 baths
- 3,205 sqft
- 1,576 sqft lot
- $499 per sqft
- 1900 build
Attention Developers, Investors, and Visionaries! Presenting a unique opportunity to acquire a commercial/residential mixed-use property in a prime location near a busy highway, offering unparalleled visibility and accessibility. This property is ready for transformation, making it an ideal project for those looking to capitalize on its high-traffic area and strategic location. The current structure is older and in need of renovation or potentially a complete tear-down, providing a blank canvas for your ambitious redevelopment plans. The versatile layout is perfect for a blend of commercial and residential spaces, catering to a variety of tenants and maximizing rental income. The generous lot size allows for extensive redevelopment options, including multi-story buildings or expanded commercial facilities. This property is ideal for real estate developers aiming to transform it into a modern, multi-use complex that meets the needs of today's market. Value-add investors can increase the property's value through strategic renovations or a complete rebuild, tapping into the lucrative rental market. Construction companies can utilize their expertise to develop a new, high-demand property in a prime location. Commercial real estate firms can reimagine the space to attract high-end commercial and residential tenants. Retail chains and franchises can create custom-designed retail or restaurant spaces that draw in customers from the busy highway. Healthcare organizations can establish a state-of-the-art clinic or healthcare facility in a highly accessible location. Hotel chains can develop a new hotel to cater to travelers and tourists, benefiting from the high visibility. Educational institutions can build a new campus or training center that offers easy access for students and staff. Municipal or government agencies can develop a public use facility to serve the community effectively. Joint ventures can partner with other investors to maximize the potential of this prime redevelopment site. Don't miss this exceptional opportunity to shape the future of a highly desirable location. Contact us today to explore the possibilities and schedule a viewing. This is your chance to make a significant impact in a thriving area with unlimited potential.
Listing courtesy of BRIGHT / Century 21 Redwood Realty
Last checked:
Checking…
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Last updated Nov 4, 2024
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MLS# DCDC2129920 —
The Building
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Year Built:1900
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Year Built Source:Estimated
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New Construction:No
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Construction Materials:Brick
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Structure Type:Detached
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Architectural Style:Traditional
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Levels:3
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Entry Floor Number:2
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Accessibility Features:None
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Foundation Details:Concrete Perimeter
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Basement:Yes
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Basement Type:Fully Finished
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Building Winterized:No
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Total SqFt Source:Estimated
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Total Below Grade SqFt Source:Estimated
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Above Grade Finished Area Units:Square Feet
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Above Grade Finished SqFt:3205
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Above Grade Finished SqFt Source:Estimated
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Below Grade Finished Area Units:Square Feet
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Below Grade Unfinished Area Units:Square Feet
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Below Grade Finished SqFt Source:Estimated
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Below Grade Unfinished SqFt Source:Estimated
Interior
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Fireplace:No
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Living Area SqFt Source:Estimated
Room Dimensions
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Total SqFt:3205
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Living Area SqFt:3,205 Sqft
Financial & Terms
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Sale Type:Standard
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Possession:0-30 Days CD
Location
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Directions:Park on M st between 3rd st and 4th st NW
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Latitude:38.90538000
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Longitude:-77.01541000
The Property
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Property Type:Residential
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Lot Size Units:Square Feet
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Lot Size Acres:0.04
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Lot Size Source:Estimated
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Lot SqFt:1,576 Sqft
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Zoning Description:Commerical / Residental mix use
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Zoning:D-4-R
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In City Limits:Yes
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Other Structures:Above Grade, Below Grade
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Horse:No
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Water View:No
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Soil Types:Unknown
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Ground Rent Exists:No
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (571) 497-4607
- Office phone:
- (202) 506-3674
Taxes
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Tax ID Number:0524//0020
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Tax Year:2019
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Tax Lot:20
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Tax Annual Amount:$13,698
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Tax Assessed Value:$903,840
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Year Assessed:2019
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City/Town Tax:13698.00
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Total Taxes Payment Frequency:Annually
Beds
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Bedrooms:4
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Bedrooms Main Level:1
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Upper Level Bedrooms:3
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Upper Level 1 Bedrooms:3
Baths
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Total Baths:3
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Full Baths:1
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Half Baths:2
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Main Level Baths:1.00
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Main Level Half Baths:1
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Upper Level Full Baths:1
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Lower Level Half Baths:1
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Upper Level Total Baths:1
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Upper Level Total Baths:1.00
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All Lower Levels Total Baths:1
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Lower Level Total Baths:1.00
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Upper Level Full Baths:1
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Lower Level Half Baths:1
Heating & Cooling
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Cooling Type:Window Unit(s)
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Central Air:No
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Cooling Fuel:Electric
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Heating:Yes
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Heating Type:Central
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Heating Fuel:Natural Gas
Utilities
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Sewer/Septic:Public Sewer
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Hot Water:Electric
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Water Source:Public
Appliances
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Laundry Type:Dryer In Unit, Main Floor, Washer In Unit
Schools
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School District Name:District Of Columbia Public Schools
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School District Source:Listing Agent
The Community
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Subdivision Name:Noma
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Senior Community:No
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Pool:No Pool
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Spa:No
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Association Recreation Fee:No
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HOA:No
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Condo/Coop Association:No
Parking
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Garage:No
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Type of Parking:None
Extra Units
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Vacation Rental:No
Monthly cost estimate
Asking price
$1,600,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$8,567
|
Taxes | $1,141 |
Insurance | $440 |
Utilities | $285 See report |
Total | $10,433/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
8/25/24
Aug 25, 2024
|
Price Changed | BRIGHT | $1,600,000 | -11.1% |
2/27/24
Feb 27, 2024
|
Listed / Active | BRIGHT | $1,800,000 |